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UpconNGO:5075 +1.43%76 PB Ratio is 2.65 as of Jul. 19, 2026, which is 77% above its 10-year median of 1.50. GuruFocus rates NGO:5075 with a GF Score™ of 76/100 and a GF Value™ of 円738.16 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,724 Construction companies, Upcon ranks worse than 74.01% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-19), Upcon's share price is 円1205.00. Upcon's Book Value per Share for the quarter that ended in Jan. 2026 was 円454.65. Hence, Upcon's PB Ratio of today is 2.65.
The historical rank and industry rank for Upcon's PB Ratio or its related term are showing as below:
NGO:5075'
s PB Ratio Range Over the Past 10 Years
Min: 1.21 Med: 1.5 Max: 3.82
Current: 2.65
During the past 7 years, Upcon's highest PB Ratio was 3.82. The lowest was 1.21. And the median was 1.50.
NGO:5075's PB Ratio is ranked worse than 74.01% of 1724
companies
in the Construction industry
Industry Median: 1.32
vs NGO:5075: 2.65
During the past 12 months, Upcon's average Book Value Per Share Growth Rate was 20.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 14.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -4.50% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Upcon was 14.40% per year. The lowest was -26.00% per year. And the median was -4.85% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Upcon PB Ratio Related Terms
Upcon PB Ratio Historical Data
* Premium members only.
The historical data trend for Upcon's PB Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Engineering & Construction subindustry, Upcon's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Upcon PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, Upcon's PB Ratio distribution charts can be found below:
* The bar in red indicates where Upcon's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Upcon's PB Ratio for today is calculated as follows:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Upcon (NGO:5075) has a PB Ratio of 2.65 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Upcon and its competitors. This is 77% above median its historical median of 1.50. Over the past decade, Upcon's PB Ratio has ranged from 1.21 to 3.82. According to the industry distribution chart, Upcon ranks #1276 out of 1724 companies in the Construction industry, placing it in the top 74%.
Is Upcon's PB Ratio too high?
Upcon's current PB Ratio of 2.65 is 77% above median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 3.82. The Construction industry median PB Ratio is 1.32. Upcon's value of 2.65 is 100.8% above this industry median. Based on the distribution chart, Upcon ranks #1276 out of 1724 companies in the Construction industry, which is below the industry midpoint. Overall, Upcon has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Upcon's PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Upcon ranks #1276 out of 1724 companies for PB Ratio. This places Upcon in the lower half of its industry. The industry median PB Ratio is 1.32. Upcon's value of 2.65 is 100.8% above this benchmark. Historically, Upcon's own PB Ratio has ranged from 1.21 to 3.82 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 1.32, Upcon has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Construction company?
The median PB Ratio among Construction companies is 1.32, based on 1,724 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Upcon's current PB Ratio of 2.65 is 100.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Upcon and its competitors. For the Construction industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Upcon's current PB Ratio is 2.65, which is 77% above median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Upcon stock overvalued right now?
Based on GuruFocus' analysis, Upcon (NGO:5075) is currently considered Significantly Overvalued. The stock's GF Value™ is 円738.16, compared to a current price of 円1,205.00 — trading 63.2% above its estimated fair value. The current PB Ratio is 2.65, which is 77% above median its 10-year median of 1.50 and 100.8% above the Construction industry median of 1.32. Upcon's overall GF Score™ is 76/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Upcon (NGO:5075), the current PB Ratio is 2.65 as of Jul. 19, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Upcon (NGO:5075) Overvalued in 2026?
Based on GuruFocus' analysis, Upcon stock appears to be overvalued.
The current stock price of 円1,205.00 is trading 63.2% above its estimated GF Value™ of 円738.16.
GuruFocus considers Upcon to be Significantly Overvalued.
Key valuation signals for NGO:5075:
PB Ratio: 2.65 (77% above median its 10-year median of 1.50)
GF Value™: 円738.16 vs. price of 円1,205.00 (63.2% above fair value)
Industry Position: 100.8% above the Construction median (#1276 of 1724)
No single metric tells the full story. See the NGO:5075 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Upcon Corp operates in the civil engineering and construction industry predominantly in Japan. The company applies its Upcon method, which uses completely non-freon urethane resin and small machines to repair subsidence, tilt, steps, gaps, etc., in concrete floors, caused by earthquakes or uneven ground settlement. The Upcon method is also used to correct unevenness on roads, ports, and airports, mainly for public works projects. In addition, the company provides gap and cavity filling services, maintains and repairs waterway tunnels, and is working on several projects, including a new construction method using urethane foam resin. It operates in a single segment, the subsidence correction business.
76GF Score
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